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A mortgage company asks a quality-control reviewer to validate a Connecticut NMLS filing review involving licensing and NMLS authority. Which statement is reliable?

Correct Answer

A) Connecticut DOB says mortgage lenders, brokers, correspondent lenders, mortgage servicers, and individuals can be verified for Connecticut mortgage licensing through NMLS Consumer Access.

Connecticut DOB says mortgage lenders, brokers, correspondent lenders, mortgage servicers, and individuals can be verified for Connecticut mortgage licensing through NMLS Consumer Access.

Answer Options
A
Connecticut DOB says mortgage lenders, brokers, correspondent lenders, mortgage servicers, and individuals can be verified for Connecticut mortgage licensing through NMLS Consumer Access.
B
Assume the Connecticut requirement does not apply to this MLO sponsorship update.
C
Treat licensing and NMLS authority as satisfied by borrower consent alone.
D
Delay the Connecticut requirement until after the loan closes or the renewal period ends.

Why This Is the Correct Answer

Connecticut DOB says mortgage lenders, brokers, correspondent lenders, mortgage servicers, and individuals can be verified for Connecticut mortgage licensing through NMLS Consumer Access.

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